• Title/Summary/Keyword: One Belt and One Road

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The Strategy and Structure of Chinese Enterprises' Direct Investment in 'One Belt, One Road' Country (중국기업의 '일대일로'(一帶一路) 연선 국가 직접투자 전략과 구조)

  • Heur, Heung-Ho
    • The Journal of the Korea Contents Association
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    • v.22 no.9
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    • pp.283-297
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    • 2022
  • This study analyzed to strategy and structure of outward foreign direct investment(OFDI) by Chinese Enterprises in 'one belt, one load' countries along the line from the perspective of Dunning's OLI paradigm. Chinese enterprises' investment in 'one belt, one road' countries was largely promoted for two strategic purposes. One is an investment to secure energy resources due to the nature of resource holdings in 'one belt, one road' countries, and the other is a transfer investment to solve the problem of surplus facilities, a problem in China's domestic economy. Chinese enterprises' investments in these 'one belt, one road' countries is evaluated to have been made with Dunning's investment decision conditions in the OLI paradigm, namely, Ownership specific advantages, Location specific advantages, and Internalization specific advantages. only if there is a difference, investment country, investment method, and investment industry are different due to the structure of international relations, religious conflict and cultural heterogeneity, institutional investment environment of the region, and awareness of Chinese enterprises.

The Geopolitics of Chinese Overseas Investment in Ports Under the 'One Belt One Road' Initiatives ('일대일로' 이니셔티브하의 중국 해외항만투자의 지정학적 접근)

  • Lee, Choong-Bae
    • Korea Trade Review
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    • v.44 no.1
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    • pp.285-299
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    • 2019
  • The 'One Belt One Road (OBOR)' initiative, which was promulgated as part of the enlargement policy along with the advent of Xi Jinping in 2013, is a policy to expand China's political and economic power externally through linkages with neighboring countries. China's overseas port investment plays an important role in the promotion of the 'OBOR' policy from the coast of China through maritime transportation routes from S.E Asia to Mediterranean and Europe. Since China's overseas port investment has been made from several factors such as political, economic, and military motives, it differs in purpose and character from investments made by private companies, such as Global Port Operators(GTO) which consider profitability first. This study aims to address future prospects and implications by analyzing the geopolitics of China's overseas port investment under the 'One Belt One Road' initiative. According to the results, China's overseas port investment is dominated by state-owned enterprises and political and security factors are more important than profitability. China's overseas port investment has been on a large scale in a short period of time, and China has faced with various problems both domestically and internationally. such as debt default, environmental problems, subordination problems from recipient countries and political and military confrontation with great countries such as United States, Japan and India etc.

A Study on China's One Belt, One Road Policy and South Korea's Measures for Facilitating Tourist Visits from China (중국의 일대일로(一带一路) 정책을 활용한 방한관광콘텐츠 전략)

  • Jung, In-Suk
    • Journal of Digital Contents Society
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    • v.19 no.6
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    • pp.1145-1150
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    • 2018
  • In order to realize the new diplomatic development for the establishment of 'Asia Fate Community', Xi Jinping has adopted a "One Road, One Belt" policy. Based on five core philosophies, One Road, One Belt with neighboring countries has been established to full-sided cooperation and mutual benefit relations. In this paper, I would like to suggest some suggestions on how to use China's One Road, One Belt policy and Korea's Eurasian Initiative in Development strategy of tourism contents. First, The bridge role of Korean companies should lead to the development of tourism contents. Second, the promotion of tourism contents development for Chinese individual tourists should lead to another tourism contents. Third, we need to find ways to win joint orders with local companies in China so that they can lead to tourism contents. Fourth, seeking active use of workers and international students living in Korea. Fifth, the development of tourism contents based on cooperative relationship with North Korea.

A Study on the Development Strategies for China Lianyungang Port under One Belt One Road Policy (중국 일대일로(一帶一路)정책에 따른 연운항항(連雲港港)의 발전 전략에 관한 연구)

  • Zhang, Le;SHIN, Han-Won;SONG, Xiao-Ming
    • Journal of Fisheries and Marine Sciences Education
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    • v.28 no.6
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    • pp.1695-1705
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    • 2016
  • With the rapid development of global economic and trade, the ports in the North-east Asia region have developed greatly. In such a fierce competition, how to ascertain right evaluation methods to assess the competitiveness of the ports, and make scientific and rational development strategy for upgrading the overall level of competitiveness of ports in North-east Asia, has become the first task for all the ports for coping with the challenges. As China's sustained economic growth of more than 30 years, the economic power and comprehensive national strength has been changed, China's international status has been greatly improved. Also China has achieved remarkable new results in the construction of peripheral diplomacy, and further has consolidated the relationship of countries along the Silk Road Economic Belt. The strong position of RMB in foreign exchange market and the implementation of the strategy of "area" opening to the outside world accelerated economic belt along the silk road in China to the west open pace. On the basis of the SWOT analysis of the Lianyungang Port, combined with the comprehensive and practical port competitiveness evaluation indicators system and competitiveness evaluation method, calculate the competitiveness level of Lianyungang port in East China, and find out the problems must be solved. The development strategies for Lianyungang port under One Belt One Road were suggested.

An Empirical Study on the Impact of China's One Belt and One Road Initiative on Asian Countries and North Korean Economy in the Aspect of Digital Transformation of the 4th Industrial Revolution (4차 산업혁명의 디지털 트랜스포메이션 측면에서 중국의 일대일로 구상이 아시아 국가와 북한 경제에 미치는 영향의 실증 연구)

  • Park, Chul-Soo
    • Knowledge Management Research
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    • v.21 no.4
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    • pp.59-88
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    • 2020
  • This study is to examine the influence of Asian countries on the economic field, and to explain the characteristics and purposes of China's Belt and Road Initiative using data analysis. The purpose of this study is to identify and analyze the influence and characteristics of China's One-to-One Road Initiative on the economic sector by examining trade and investment in Asian countries adjacent to China. In particular, the One-to-One Road initiative is proceeding in a way that connects China and neighboring countries. It is to understand the dependence of the Asian countries in China on the Chinese economy. In addition, it is intended to derive implications by grasping and evaluating what the level is based on data. This study also attempts to grasp the influence and ripple effects of the one-on-one strategy on the Chinese economy and the North Korean economy, where dependence is deepening. Recently, the strategy for Asian countries through a one-to-one initiative in China has been restructured in the framework of the construction of the "21st century Maritime Silk Road" and emphasizes the cooperation mechanism led by the country. In progress of the one Belt and One Road, Chinese ICT companies are remarkable. This study looked at the influence of China's digital one Belt and One Road on Asian countries.

The 'One Belt One Road' Initiative and Development of Inland Port in China (중국 '일대일로' 이니셔티브와 내륙항의 발전)

  • Lee, Choong Bae;Lee, Jong Chul
    • Journal of Korea Port Economic Association
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    • v.33 no.3
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    • pp.1-16
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    • 2017
  • China has achieved rapid economic growth in the late 1970s with economic reform and open-door policy. China's economic growth began initially in the eastern coastal areas and from the 2000s expanded to the western and northeastern regions where the economy was relatively underdeveloped. In particular, in 2013 'One-Belt One Road' initiative proposed by Xi Jinping, the current General Secretary of the Communist Party of China is not only a key strategy for China's advancement into the world and also provides important opportunities for the development of these backward regions. Inland Port is the inland logistics hub and plays a crucial role in enhancing access to maritime ports as well as access to adjacent inland countries. Therefore, a number of inland ports have been developed and operated in order to enter into overseas markets and secure resources in the northeastern and western regions of China. This study aims to examine the role and development of inland port in 'One-Belt One Road' scheme. In conclusion, 'One-Belt One Road' will further increase the role of inland port, and in response, the development of inland port will play a pivotal role in one belt one road initiative. In this respect, Korean companies need to consider plans to participate in the development and operation of inland ports in China, which would provide opportunities to spread Northern markets including China, Russia, Central Asia, Eastern Europe.

China's 'One Belt and One Road' Initiative and Strategy: Development and Limitations (중국의 '일대일로'(一帶一路) 구상과 전략: 발전과 한계)

  • Heur, Heung-Ho
    • The Journal of the Korea Contents Association
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    • v.19 no.7
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    • pp.335-347
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    • 2019
  • China's 'One Belt and One Load' initiative is a mega-infrastructure project that connects China and the Eurasian Economies Area by overland and sea routes. Therefore, if it goes smoothly, It will be a new engine for economic development in China and the world, and It is expected to be a factor that will change the structure of the international economy. Especially, the Eurasian continent is likely to develop into the center of the global economy. But China's 'One Belt and One Load' initiative is not only macro and long-term, but also implies complexity, making it hard to be optimistic about development. China's 'One Belt and One Load' initiative is not only strongly promoted as a long-term national development strategy to be completed by 2049, but also strong economic complementarity between China and 'One Belt and One Load' consecutive countries. And many of the successive countries are expecting 'One Belt and One Load' construction. Therefore, there is no possibility at all. In particular, the possibility of development can not be completely ruled out, given the various policies of 'One Belt and One Load' currently being pursued by China. Even if it doesn't go smoothly, the process alone will have significant economic effects on China and neighboring countries, so it will be meaningful. With the help of information technology.

The Impacts of Inland Ports on the Geopolitical Relations between China and Central Asia under the 'One Belt One Road' Initiative ('일대일로' 이니셔티브 하에서 내륙항이 중국-중앙아시아의 지정학적 관계에 미치는 영향)

  • Choong-bae Lee;Jin-Ho Noh;Yanfeng Liu
    • Korea Trade Review
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    • v.45 no.3
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    • pp.35-54
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    • 2020
  • China's 'One Belt One Road' initiative has had a profound impact on China's relationship with Central Asia, which shares borders at North-western region. Central Asia plays an important role in securing the export market of Chinese products, supply of raw materials, and transportation route to Europe. The inland port is of significance to facilitate the development of logistics, trade and industry in the surrounding areas by enabling the distribution and import and export clearance in the region by performing the role of the seaport on the hinterland. The purpose of this study is to analyze the effect of the development of inland ports in central and western China on the geopolitical relationship between China and Central Asia. To this end, we analyze the status of inland port development in China's Midwest by employing the SWOT-PEST analysis method to analyze the current status as well as prospects of trade, investment and transportation routes with Central Asia in terms of geopolitics. As a result of the analysis, the relations between China and Central Asian Countries are becoming more politically and economically close, but it has brought about serious challenges by domestic and foreign environmental changes. Therefore, the development of the inland ports in central and western China are determined by the geopolitical relations under 'One Belt One Road' initiative between China and Central Asia, while the development of the inland port is also expected to serve as a catalyst for the development of both regions.

A Study on the Strategies of China Smart Farming Development - From the Perspective of One Belt One Road Initiative and Made in China 2025 Plan - (중국 스마트 농업 발전 전략 고찰 -[일대일로]와 [중국제조2025]전략을 중심으로)

  • Zhang, Qingqing
    • Journal of Convergence for Information Technology
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    • v.8 no.5
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    • pp.251-261
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    • 2018
  • Under the great influence of ICT technology, China is forging ahead steadily and rapidly in the area of smart farming. In the last decade, Chinese government has carried out strategic plans to promote its economic development in agriculture, such as the plan of Made In China 2025 and One Belt One Road initiative. This thesis's objective is to analyze how such plans and initiative can provide 'windows of opportunity' to the development of smart farming industry in China. China led the development of smart agriculture by making a T-shaped rise which is composed with 'One Belt One Road Initiative and Made in China 2025 Plan. This thesis is divided into three types as path-following catch-up, path-skipping catch-up, path-creating catch-upAs this thesis also manages to provide some implications on the export strategies of South Korea's smart farming industry by understanding chinese samrt farm industry.

A Study on Determinants of Chinese OFDI to Korea (중국 대 한국OFDI 결정요인의 실증분석)

  • Dai, Yun-hai
    • Journal of the Korea Convergence Society
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    • v.11 no.5
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    • pp.191-197
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    • 2020
  • OFDI is one of the key issues around the world in the development of economics, in 2013, Chinese President Xi JinPing proposed "One Belt One Road" initiative on conference of Asia-Africa international conference with its core policy as (Outward Foreign Direct Investment).With the steady development of China's "One Belt One Road", further advancement of Korea-China FTA, and rapid expansion of close economic relations between two countries, China is bound to increase OFDI to Korea. The paper empirically studied its determinants of Chinese OFDI to Korea, with PANELDATA data introduced combining time series with cross-section, result shows GRDP, HV, YNTL, FWYS, XFZS are all verified as determinants of Chinese OFDI to Korea, while, several suggestions are proposed for Korea to attract Chinese OFDI.